Saregama faces challenges in transitioning its predominantly older audience to a subscription-based audio OTT model. The reluctance of the older generation to pay for apps and the financial constraints of the younger demographic pose hurdles. The availability of free alternatives and concerns about Carvaan’s margins add complexity. Monitoring the company’s quarterly performance and adapting to market changes are crucial for future growth.
Though I like company and made 7x on it. Need to see growth coming back to enter again.
Disclosure: Exited last year
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